Is Buying ZOOMLION HEAVY INDUSTRIES (OTCMKTS:ZLIOF), Having Lower Short Interest a Winning Strategy?

January 10, 2018 - By reb123z

The stock of ZOOMLION HEAVY INDUSTRIES (OTCMKTS:ZLIOF) registered a decrease of 0.07% in short interest. ZLIOF’s total short interest was 32.25 million shares in January as published by FINRA. Its down 0.07% from 32.28M shares, reported previously. With 100 shares average volume, it will take short sellers 322534 days to cover their ZLIOF’s short positions.

It closed at $0.45 lastly. It is down 0.00% since January 10, 2017 and is . It has underperformed by 16.70% the S&P500.

Zoomlion Heavy Industry Science and Technology Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of construction machinery, environmental sanitation equipment, and agricultural machinery, as well as the provision of environmental solutions and finance lease services in the People??s Republic of China and internationally. The company has market cap of $4.39 billion. The firm operates through Construction Machinery, Environmental Industry, Agricultural Machinery, and Financial Services divisions. It has a 18.75 P/E ratio. It offers construction machinery, including concrete, crane, road construction, infrastructure construction, road building, and maintenance machinery; fire fighting vehicles and equipment; and forklift trucks for infrastructure and real estate construction services.

More notable recent Zoomlion Heavy Industry Science and Technology Co., Ltd. (OTCMKTS:ZLIOF) news were published by: Bizjournals.com which released: “Chinese company may buy Redmond’s largest manufacturer, Genie-Terex” on May 18, 2016, also Reuters.com with their article: “RPT-China’s Zoomlion denies accusations by rival Sany” published on July 15, 2013, Marketwatch.com published: “Zoomlion Heavy Industry Science & Technology Co. Ltd.” on December 24, 2010. More interesting news about Zoomlion Heavy Industry Science and Technology Co., Ltd. (OTCMKTS:ZLIOF) were released by: Wsj.com and their article: “China’s Zoomlion Abandons Pursuit of Crane Maker Terex” published on May 27, 2016 as well as Reuters.com‘s news article titled: “Zoomlion to sell environmental equipment unit to 4 buyers for $1.7 bln” with publication date: May 21, 2017.

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